On Wednesday, March 5, 2014 9:31:39 AM UTC-5, dgk wrote:
On Tue, 4 Mar 2014 13:42:35 -0800 (PST), bob haller

wrote:



mst homeowner insurance companies refuse to provide new insurance for homes with fuses, knob and tube wiring, bad or old roofs, unsafe sidewalks and a long list of other issues.



Just call state farm and random other companies and ask about fuses....



you need to know 90% of buyers wantt a move in ready home , fixer upers limit the mrket to 10% of al;l buyers. You will have to sell cheap



In my neighborhood a lot of the homes are simply gutted when sold and

the new owner puts in rooms and apartments. A house a few doors down

has 6 rooms on the first floor - and it's an 18' by 50' house just

like mine. I doesn't make sense to renovate when that is a

possibility. They are, of course, illegal but nobody seems to do

anything about it.



Most of the rooms for rent go to students going to the local college.

Then I guess you have your answer on the need to upgrade in order
to sell the house.... If there is a good chance that the new owner
is going to gut or do major renovations, then I sure wouldn't spend money
on upgrading the electrical sysem. That kind of buyer would rather
have the house at a lower price instead of buying an upgraded electrical
system, at least part of which may have to be ripped out again anyhow.